Latest research report on “Plastic Strapping Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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When plastic strapping was introduced, it was only natural that it was looked upon as a substitute for steel strapping. In one respect, it was especially in those applications where steel had been used only because there was nothing available. Often, the steel was over specification in the first case. The existence of plastic strapping widens the range of strapping and offers new opportunities. A more important plastic strapping consideration is elongation recovery. Once tension has been applied and the strap has elongated, how hard will the strap try to return to its original length? With plastic, time changes the recovery. If you have a rigid load, polyester might be best. However, because it doesnt elongate much, it doesnt have room to recover. On a shrinking-type load, this can be a problem. Since both nylon and polypropylene elongate more than polyester, and have more room to recover, they would both be better choices. If a high level of retained tension is important, nylon would be the preferred choice and if retained tension is not important, polypropylenes lower price may change the choice.
This report contains market size and forecasts of Plastic Strapping in global, including the following market information:
Global Plastic Strapping Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Plastic Strapping Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Plastic Strapping companies in 2021 (%)
The global Plastic Strapping market was valued at 2206.1 million in 2021 and is projected to reach US$ 2486.2 million by 2028, at a CAGR of 1.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PP Strapping Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Plastic Strapping include Signode, M.J.Maillis Group, Dynaric,Inc, Cordstrap, FROMM Group, Samuel Strapping, Youngsun, Mosca and Scientex Berhad, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Plastic Strapping manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plastic Strapping Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Plastic Strapping Market Segment Percentages, by Type, 2021 (%)
– PP Strapping
– PET Strapping
Global Plastic Strapping Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Plastic Strapping Market Segment Percentages, by Application, 2021 (%)
– Wood
– Paper
– Food and Beverage
– Textile
– Others
Global Plastic Strapping Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Plastic Strapping Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Plastic Strapping revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Plastic Strapping revenues share in global market, 2021 (%)
Key companies Plastic Strapping sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Plastic Strapping sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Signode
– M.J.Maillis Group
– Dynaric,Inc
– Cordstrap
– FROMM Group
– Samuel Strapping
– Youngsun
– Mosca
– Scientex Berhad
– Polychem
– Teufelberger
– Tsukasa Chemical Industry Co
– Packware
– Polivektris
– Strapack
– Linder
– STEK
– TITAN Umreifungstechnik
– Cyklop
– Hiroyuki Industries
– Baole
– EMBALCER
– PAC Strapping Products, Inc.
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